More than 205,000 people have reported scams linked to the coronavirus since the beginning of the year.
Consumers have filed more than 205,000 reports of fraud linked to the coronavirus since the beginning of the year, according to the Federal Trade Commission.The prevalence of fraud is likely much higher than federal figures suggest, since they don't reflect scams unreported by consumers.Consumers have filed more than 205,000 reports of fraud linked to the coronavirus since the beginning of the year, according to the federal agency.
The average loss was $300, according to the FTC. But financial loss among seniors who are at least 80 years old, despite being victimized less frequently than others, was more than double at $655 for the typical person.
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